peabody58
I'm just a drummer in a R&R Band!!
- Joined
- Mar 28, 2010
- Messages
- 1,403
Yeah!! Paid off the home equity account which among a major house residing expenses, also had the remainder of our DVC contract we bought last year at BLT. We go on our 4th DVC vacation in less than a year this Sept, so we are surely getting our enjoyments worth out of our 160 points and our AP's.
Our last trip was at OKW and we really liked the resort, and started looking at a possible 120 -160 point add on, so we could really splurge on trips, or do more/longer trips. I built a spreadsheet factoring in the initial cost (resale of course), MF's, and estimated a 3% year increase in MF's. Then I compared if we just spent an extra $1400 OOP a year on extra vacationing, still factoring in yearly price increases.
Assuming I actually spent an extra $1400 every year, it would take anywhere from 10 - 14 years before I broke even and started to be $$ ahead via a 150 point add-on. What an eye opener for me. We'll be close to 70 years old by then, and I'm not sure we'll still be wanting to do WDW as much. Those MF's really rack up over the years. If I was 20 years younger, an add-on would be a more viable consideration, but not for us. What a relief to be cured of addonitis!!
So we are very happy with our BLT 160 points and are even happier with our decision to not add-on. Really looking forward to trying out WBC for a week while maximizing our AP usage. 2013 here we come!!
So this last week, after a year of being laid off, my DW started a new job as an Executive Director for a non-profit transition home for 18-25 year old women. What a blessing for her, and a perfect fit for her past experiences and education. Only draw back is that she is no longer at my beckon call to go on vacation. So in retrospect, our decision to not add-on has been validated for our situation.
Now lets hope our remaining daughter gets that job offer tomorrow so I can help her move out!!
Our last trip was at OKW and we really liked the resort, and started looking at a possible 120 -160 point add on, so we could really splurge on trips, or do more/longer trips. I built a spreadsheet factoring in the initial cost (resale of course), MF's, and estimated a 3% year increase in MF's. Then I compared if we just spent an extra $1400 OOP a year on extra vacationing, still factoring in yearly price increases.
Assuming I actually spent an extra $1400 every year, it would take anywhere from 10 - 14 years before I broke even and started to be $$ ahead via a 150 point add-on. What an eye opener for me. We'll be close to 70 years old by then, and I'm not sure we'll still be wanting to do WDW as much. Those MF's really rack up over the years. If I was 20 years younger, an add-on would be a more viable consideration, but not for us. What a relief to be cured of addonitis!!
So we are very happy with our BLT 160 points and are even happier with our decision to not add-on. Really looking forward to trying out WBC for a week while maximizing our AP usage. 2013 here we come!!
So this last week, after a year of being laid off, my DW started a new job as an Executive Director for a non-profit transition home for 18-25 year old women. What a blessing for her, and a perfect fit for her past experiences and education. Only draw back is that she is no longer at my beckon call to go on vacation. So in retrospect, our decision to not add-on has been validated for our situation.
Now lets hope our remaining daughter gets that job offer tomorrow so I can help her move out!!
